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Why a Hermes handbag could be a good investment

Not just any bag though. A recent study by US luxury consignment site ‘BagHunter’ found the £150,000 Hermes Birkin handbag averaged a 14.2% annual return since its creation in 1984.

Hermes Birkin Handbag

Hermes Birkin Handbag

The value of Hermes Birkin bags increased every year, averaging a 14.2% rise, including inflation. In the same time, the average return on gold was -1.5% and the S&P 500’s was 8.7% a year, the site said.

One of the main reasons for this is that Hermes Birkin bags are produced in such limited quantities and are not advertised to maintain their scarcity.

Victoria Beckham Birkin bag

Victoria Beckham Birkin bag

There is usually a long waiting list and the Hermes bags are usually purchased by celebrity owners such as Victoria Beckham, Pharrell Williams and Kate Moss.

The Hermes Birkin also featured in the TV show Sex And The City, where the character Samantha was obsessed with owning one.

Fortunately you don’t need £150,000 to buy an authentic Hermes handbag, see our Designer HandBags at Luxseeker.com